Mahrez did thank City for reigniting their interest in him this summer.

He said: “That means a lot for me. I’m very happy and will give my best to this club.”

The final fee represents a considerable reduction on the £95million Leicester were reportedly asking for in January but it is still a sizeable outlay, eclipsing the £57million City paid for Aymeric Laporte last season.

Mahrez said: “The prices have been very big in every country so it doesn’t affect me.”

Mahrez has been in demand since Leicester’s run to Premier League glory in 2015-16 but he hopes the move has come at the right time in his career.

To all Leicester fans,

We have made some amazing memories and history together. Winning the premiership against all odds was just something else and none of this would have been possible without your extraordinary support for me and the team. I want to thank all of you